Reliant Investment Partners LLC Buys 3,663 Shares of Vertiv Holdings Co. $VRT

Reliant Investment Partners LLC raised its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 110.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,991 shares of the company’s stock after acquiring an additional 3,663 shares during the period. Vertiv comprises approximately 1.6% of Reliant Investment Partners LLC’s portfolio, making the stock its 16th biggest holding. Reliant Investment Partners LLC’s holdings in Vertiv were worth $2,341,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sachetta LLC boosted its stake in shares of Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after purchasing an additional 36 shares during the period. Cornerstone Planning Group LLC raised its holdings in Vertiv by 60.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock valued at $33,000 after buying an additional 49 shares during the last quarter. GoalVest Advisory LLC raised its holdings in Vertiv by 87.3% during the 2nd quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock valued at $50,000 after buying an additional 69 shares during the last quarter. Vermillion & White Wealth Management Group LLC boosted its position in Vertiv by 58.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after buying an additional 56 shares during the period. Finally, Center for Financial Planning Inc. boosted its position in Vertiv by 554.2% during the 1st quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock valued at $39,000 after buying an additional 133 shares during the period. Institutional investors own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on VRT shares. Fox Advisors upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. TD Cowen increased their target price on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Mizuho set a $380.00 target price on Vertiv in a research note on Thursday, May 21st. Glj Research upgraded Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price target on the stock in a report on Friday, August 7th. Finally, Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $357.83.

Vertiv Trading Up 1.2%

Shares of VRT opened at $264.25 on Friday. Vertiv Holdings Co. has a 1-year low of $118.70 and a 1-year high of $379.93. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The firm’s 50-day moving average price is $295.45 and its 200-day moving average price is $287.04. The firm has a market capitalization of $101.73 billion, a price-to-earnings ratio of 59.79, a PEG ratio of 1.07 and a beta of 2.06.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. Vertiv’s revenue was up 24.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Sell-side analysts anticipate that Vertiv Holdings Co. will post 6.7 EPS for the current year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is presently 5.66%.

Vertiv Company Profile

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.